Answer: D. Both B and C are correct
Explanation:
Based on the scenario and the information provided in the question, we should note that Melissa qualified as a qualifying rekative because there is no age limit on qualifying relatives.
Also, since Melissa doesn't earn any income in 2019 because she's a full time graduate student, Melissa qualifies based on her earned income.
Therefore, option B and C are correct.
Answer:
False
Explanation:
The contract is not voidable at Leslie's option but rather at the supplier's option. This is because Leslie has agreed to the buy the shoes, irrespective of the price.
Should Leslie want a price stated in the contract, the case has to be taken to court and the judge will have a price stated that suits both parties.
Cheers
Answer:
False
Explanation:
Liquidity describes the ease with which assets can be converted into cash. Cash at hand or money in the bank, is, therefore, the most liquid asset, as it does not need any conversion. The lesser time it takes to convert an asset to cash, the more liquid the asset is.
A piece of land is not easy to convert to cash. It takes months or more to finalize a land transaction. Large physical assets such as buildings, plant and machinery, together with land, are the least liquid assets.
Assets like bonds and stocks are considered liquid as they can be converted into cash within days.
Answer:
Correct option is d.($8,400)
Explanation:
Detailed steps are attached below